Novaland Expo lays out buffet of sumptuous investment opportunities

12:08 | 29/11/2019
Poised to land on December 4, Novaland Expo is touted as a magnificent real estate event that will bring numerous tempting investment opportunities at the year-end period.  

Through the diverse exhibition zones, the visitors will not only get a good grip on the overall market picture, but also a sense of the long-term and sustainable values from a pipeline of sizeable real estate projects and an ecosystem of products and services provided by Novaland’s strategic partners.

The partners of Novaland Expo are D.P Consulting, Hoa Binh Group, Khai Toan Group (KTG), Schindler, Daikin, Panasonic, LG, Ricons, Hafele, Minh Thanh, Dien Quang, Rolashades, Thyssenkrupp, Austdoor, and James Boat, among others.

At the immense exhibition space, Novaland will showcase their distinct product lineups from diverse segments, such as housing real estate, satellite urban development and resort real estate.

Eminent projects include The Grand Manhattan in Ho Chi Minh City’s District 1, Aqua City in Dong Nai, NovaWorld Phan Thiet in Binh Thuan, NovaWorld Ho Tram in Ba Ria-Vung Tau, or NovaBeach Cam Ranh in Khanh Hoa, with a myriad of lucrative incentives.

novaland expo lays out buffet of sumptuous investment opportunities
Novaland Expo 2019 promises to bring tempting investment opportunities at the end of the year

Overcoming a great many challenges during its 27-year development journey, Novaland has come to be known as a top real estate developer that is constantly pioneering new products.

The total land bank the company has accumulated and planned to acquire comes to around 4,900 hectares, committed into three key product lines: housing real estate in Ho Chi Minh City’s central business district, satellite urban real estate in localities contiguous to Ho Chi Minh City like Dong Nai, and resort real estate in cities with ample potential for tourism development.

This could provide a firm bedrock that underpins the company’s stable growth in the next decade.

Bigger in scale with fresh fields, Novaland Expo 2019 is a worthwhile opportunity for customers seeking a wide diversity of products and services for year-end investments, helping to elevate Novaland’s prestige as one of Vietnam’s top real estate brands.

Bigger in scale with fresh fields, Novaland Expo 2019 is a worthwhile opportunity for customers seeking a wide diversity of products and services for year-end investments, helping to elevate Novaland’s prestige as one of Vietnam’s top real estate brands.

Recently, the company has succeeded in raising a syndicated loan valued at $250 million from international clients. The transaction has garnered a great deal of attention from top bankers. The loan value was initially set at $150 million, which Novaland has later scaled up to $250 million.

Singapore’s Credit Suisse AG is the first book-building organisation in the transaction, while other international bankers – Industrial & Commercial Bank of China, Taichung Commercial Bank, Taiwan Business Bank, and Taiwan Cooperative Bank – will join with similar roles in the further capital mobilisation process.

According to Edwin Low, managing director of Credit Suisse, they are happy to help Novaland achieve development targets thorough playing the advisor role to help the latter approach international capital markets.

“Novaland’s robust development during the past 27 years is a testament to Vietnam’s rapid economic growth as well as human resources development. We want to make further contributions to Vietnam’s development by becoming a trustworthy advisor to leading businesses and groups here,” he said.

During the process, the transaction has attracted nine other foreign banks to jump on the bandwagon, with most being new partners of Novaland. They are OCBC Bank, Union Bank of Taiwan, Cathay United Bank, King’s Town Bank, Malayan Banking Berhad, Taishin International Bank, Entie Commercial Bank, Far Eastern International Bank, and Sinopac Capital International Ltd. who will perform either capital arrangement or management activities.

By Dinh Thuy

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